Jet Aviation was acquired by European private equity firm Permira Funds in 2005 and, barely a year later, bought major independent aviation services and completion center Midcoast Aviation of East Cahokia, Illinois. Now, the company has a new CEO–former Bombardier Business Aircraft president Peter Edwards–and is charting a course for the future.
Moments after an on-camera interview for AINtv yesterday, Edwards slipped out of his jacket and leaned back to field questions in a more relaxed manner. He is the first non-Swiss executive to take over the top spot at Jet Aviation, a company with deep roots in Switzerland and a long history in the U.S. Asked if he feels any unease at taking over what is a Swiss company with extensive international assets, Edwards pointed out that having worked extensively with Jet Aviation while employed by aircraft manufacturers Bombardier and Gulfstream, he comes into the new job comfortably familiar with the organization.
